Some business owners regard their small business as a pet project, one which may succeed or not. As a result, they may not be too mindful of the skills required to grow the business. If you as a small business owner, wish to manage your business (which is compulsory), you cannot afford to run your business ‘as the situation dictates’. Business dynamics are like a roller-coaster, and only the determined would make a head way.

Below are the top ten tips every business owner must understand if he/she is to manage that small business effectively:

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Comments

Hi Valentine. Great advice, especially for someone starting a business. I think having a plan is the most important idea here. A plan is what separates a business from a hobby. It forces you to take a disciplined approach. Thanks for sharing on BizSugar.